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Polestar's global operations expand to 19 markets and target at least 30 countries by 2023

Recently, Polestar officially landed in the Korean market, and Polestar's global business has expanded to 19 markets.

Polestar's global operations expand to 19 markets and target at least 30 countries by 2023

According to its global layout, by 2023, Polestar will enter at least 30 countries while achieving steady sales growth, with plans to achieve global sales of 290,000 vehicles by 2025. In addition, Polestar has also developed a NASDAQ listing plan to merge with Gores Guggenheim, Inc. (NASDAQ: GGPI, GGPIW and GGPIUS) and is expected to complete the merger in the first half of 2022.

At the end of 2021, Polestar debuted in South Korea with the Precept concept car and officially announced its entry into the Korean market. On January 18, 2022, PolarStar 2 made its Korean debut at the Seoul Wave Art Center in Seoul, and opened a pre-sale on the Official Website of Polestar Korea, where customers can place orders online with an advance deposit of $840. In the past week, the number of bookings for polestar 2 in Korea has exceeded 4,000 units.

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